Posts Tagged ‘business’

Depending on the government

June 15, 2015

These pages have, for years decried how people and organizations have depended on government in order to keep body and soul together. It is indeed a two edged sword. One that, like a pendulum always swings in both directions. Businesses, like people, are subject to the addiction process.It’s time for some tough love. I can only hope that a champion of capitalism comes to the rescue.

Colt Defense LLC, the 179-year-old gunmaker that supplies M4 carbines and M16 rifles for the U.S. and foreign militaries, filed for bankruptcy amid delayed government sales and declining demand.

The West Hartford, Connecticut-based firearms maker listed assets of as much as $500 million and debt of as much as $500 million in a Chapter 11 filing late Sunday in bankruptcy court in Wilmington, Delaware. Wilmington Trust Company is listed as the biggest unsecured creditor with a $261 million claim.


Back at it! Bank of America thumbs it’s nose at the Constituiton and legal business!

January 8, 2013

Hat Tip to Texas Fred! Seems that BoA just can’t get it right, again! This is far from the first time that they have pulled this type of shenanigan either, far from it. It’s not like these businesses are new to them as customers, and the money turned out to be laundered from drug sales, or child porn… Not that I haven’t been aware of their strange ways from personal experience. From my very first savings account to my first student loan to my first loan application, which they turned down, offering collateral worth twice the requested loan amount I have been well aware that Bank of America is no friend to the common American (also in case one needs to get a business loan).

“My name is Joe Sirochman owner of American Spirit Arms…our Web site orders have jumped 500 percent causing our Web site e-commerce processing larger deposits to Bank of America. So they decided to hold the deposits for further review.

“After countless hours on the phone with Bank of America, I finally got a manager in the right department that told me the reason that the deposits were on hold for further review — her exact words were — ‘We believe you should not be selling guns and parts on the Internet.’”(emphasis added)

Sirochman also wrote that he told the bank manager that “they have no right to make up their own new rules and regs” and that “[American Spirit is a] firearms manufacturer with all the proper licensing.”

Full story HERE

Remember this the next time Bank of America wants to do business with you. Let the supposedly free market take it’s toll on them…

Sort of a new category at CLO, sort of…

March 13, 2012

I’m going to start posting more often about products or services, and inviting guest posters / authors. Reviews of products such as IWB Holsters, pistols and other firearms. If you would like to submit an article just post a comment to that effect. Your email address will show up to me, and I will get into contact with you.  Spam will not be accepted period. legitimate endorsements will be. Training courses, and your post course evaluations will, I hope, be a biggy! We all know about Gunsite, and Front Sight, and we all know that there are often financial and or travel barriers to getting into those courses. Not to mention barriers to the individual person that wants or needs training. The last that I read, the Constititution didn’t say anything at all about a protected class of Americans. As in “This class is for active and reserve military; or Law Enforcement personnel only.” Beware of those that only want you, the private citizen, to be able to only sort of protect yourself.

This new page / category will also address such things as Bachelor cooking. How to actually sharpen that knife, or, straight razor. Making a firing pin for a 22 rim-fire from a piece of coat-hanger, or a tooth pick from the same, or even a chicken bone! I’d really like an expert to submit postings about herbal medicines that are available here in the back woods of America. While I do know some about the subject for some reason I believe that my readers would like to know more than save the charcoal from the bowl that you made in case of food poisoning, or that Cattail fuzz can make a very good wound dressing, or tampon! (The last is something that I was told, and I certainly cannot verify it as true!)

Hopefully, this new series will be a reference for all, and others will contribute. I still have to establish some ground rules but most Outdoors folks are pretty good about things like that. First job will be to name the category.

Oh, and let’s try and keep politics out of it. Sure, a link will be alright. As will link backs and trackbacks.

Firearms and Ammunition Industry Economic Impact

May 4, 2010
For immediate release

April 29, 2010

Media Only:

Ted Novin
Office: 203-426-1320
Cell: 203-253-1860

Firearms Industry Releases
Economic Impact Report

WASHINGTON, D.C. — At a Capitol Hill breakfast briefing today, the National Shooting Sports Foundation, the trade association for the firearms and ammunition industry, released a newly commissioned report detailing the significant economic impact the firearms and ammunition industry has on the nation’s and each state’s economy.

Key Points: Firearms and Ammunition Industry Economic Impact

2008 2009
Jobs 166,200 183,424
Wages $6,361,205,400 $8,210,881,000
Econ Impact $19,199,634,700 $27,846,304,300

“During difficult economic times and high unemployment rates nationally, our industry actually grew and created 16,800 new, well-paying jobs,” said NSSF President Steve Sanetti. “Our industry is proud to be one of the bright spots in this economy.”

Key Points: Taxes

2008 2009
Federal Taxes $1,503,740,471 $2,035,154,440
State Taxes $1,299,088,678 $1,909,417,793
Excise Taxes $327,070,867 $450,177,780

The economic growth America’s firearms and ammunition industry experienced last year was driven by an unprecedented number of Americans choosing to exercise their fundamental right to keep and bear arms and purchase a firearm and ammunition. This coincided with the continued decline in accidental firearm-related deaths (more than a 60 percent decrease in the last 20 years) and a continued drop in crime rates nationally.

Also cited in the economic impact report were the significant taxes paid by industry member companies to federal and state governments and the Pittman-Robertson excise tax the industry pays on the products it sells – this tax is the major source of wildlife conservation funding in America.

“In 2009 our industry increased its contribution to wildlife conservation by over 37.6 percent, which translates into sportsmen contributing more than $7.5 million dollars daily to conservation efforts,” said NSSF Senior Vice President and General Counsel Lawrence G. Keane.

“Ours is an industry with a storied past, steeped in tradition and a rich heritage,” continued Keane. “We were there at the beginning of America’s economic expansion and remain a vital and important American industry. We look forward to speaking with members of Congress today about important legislative and regulatory issues that will allow our industry members to continue to grow their businesses and create new jobs in their communities.”


About NSSF

The National Shooting Sports Foundation is the trade association for the firearms industry. Its mission is to promote, protect and preserve hunting and the shooting sports. Formed in 1961, NSSF has a membership of more than 5,500 manufacturers, distributors, firearms retailers, shooting ranges, sportsmen’s organizations and publishers. For more information, log on to

Will Controversy cool Arizona tourism?

April 27, 2010

Folks, this is straight out of the “stupid is as stupid does” folder. From The Communist News Network, as may well be expected…

Political Correctness at the expense of profit? No, simply political correctness. Arizona will see a tremendous drop in personal, as well as property crimes if the new law is properly enforced. That draws customers. That means money, and lot’s of it. Think about it folks. Las Vegas, Nevada was founded by big time crooks. They knew how to make money. Serious money. They also had, and to an extent still do, some of the toughest street crime fighters around. Why? MONEY!

When people feel safe they will bring their families, and, spend money! Right now? Arizona is the nations capital for kidnapping, home invasions, and God only knows what else! Most of said activities can be directly related to Illegal Aliens. As in drug runners, gang members, and white slavery… Then there is auto theft, and the list just goes on….

Read about it at;

Stupid is as Stupid Does dot Com

Then book a tour of duty with the Minute Men.

Let the (WAR GAMES) Begin!

October 13, 2009

California, the Golden State, is an economic disaster due to the states citizenry constantly electing socialists to office. From free this to free that the people of California seem to have one constant theme. That being government solution for every social evil from whatever corner the need arises.

The RINO in chief tossed the forces of anti freedom a bone. The unintended consequences of which will, no doubt, spur the economy. People just never learn. Or so it seems to be in my birth state.

The best example of what is about to unfold would be Prohibition followed closely by the failed drug war. Come one,come all, to California! Once again, the land of milk and honey! Business opportunity is about to, pardon the pun, explode! AB 962 was passed into law. For a look at what will without question become a booming business read HERE.

California can’t secure it’s borders from all the drug and people smuggling gangs as is already. What makes the state think that it can keep ammunition out? Talk about making an entire state a free fire zone…


Just announced, the Rocky dies

February 26, 2009

The Rocky Mountain News, Colorado’s oldest newspaper will cease operations tomorrow.

More about this later.


February 17, 2009

One would think that the Associated Press could distinguish between conservationist’s and preservationists, much less eco-terrorist’s. What follows is so filled with misinformation that it is difficult finding a place to begin. Gray wolves are endangered? Not where ariel control is being used, not at all. Coyotes? You have got to be kidding, period. Black Bears..? Again, it is simply ridiculous to think that Black bears are endangered. Why can’t these people be honest? They just hate killing animals, even when those animals are a clear and present threat to humans. No doubt they will also make the claim that this is some sort of sport hunting as opposed to culling , or removing human threats.

RENO, Nev. — Conservationists argue in a new report that U.S. taxpayers should stop subsidizing a $100 million program that kills more than 1 million wild animals annually, a program ranchers and farmers have defended for nearly a century as critical to protecting their livestock from predators.

Citing concerns about the economy and the potential for a fresh look at the decades-old controversy in the new Obama administration, 115 environmental groups signed onto a recent letter to Agriculture Secretary Tom Vilsack urging him to abolish the U.S. Agriculture Department’s Wildlife Services.

The American Sheep Industry Association, National Cattlemen’s Beef Association and more than 70 other livestock production and state agriculture offices in 35 states countered with a letter citing more than $125 million in annual losses to the sheep, goat and cattle industry as a result of predation.

Now, as Congress tries to tackle the looming federal budget crisis, a new report by conservationists entitled “War on Wildlife” being made public on Tuesday documents significant increases in recent years in both the number of carnivores killed and the size of the agency’s budget — $117 million in 2007, up 14 percent from the average from 2004-06.

“We ask Mr. Obama to get out his scalpel and protect the public’s hard-earned dollars from this unscrupulous agency,” said Wendy Keefover-Ring, director of carnivore protection for WildEarth Guardians based in Bozeman, Mont.

The vast majority of the 121,524 animals killed in 2007 were coyotes — 90,326. But the trapping, poisoning and aerial gunning of the predators also is taking an increasing, unintended toll on other creatures, including 511 black bears and 340 endangered gray wolves in 2007, according to a copy of the report obtained by The Associated Press.

Authors of the 108-page report being presented to USDA, members of Congress and the White House on Tuesday described it as the first comprehensive, national, independent assessment of the agency in 40 years.

“While most people enjoy observing wildlife, Wildlife Services massacres our nation’s wildlife mainly to benefit agribusiness,” Keefover-Ring said.

“They’re killing more and more predators, and more endangered species and using more tax resources,” she said.

The result is a “sledgehammer approach” to wildlife management that in many cases could be replaced by non-lethal alternatives, the report concluded.

More than 40,000 of the coyotes killed in 2007 were in just four states — Texas (19,123), Wyoming (10,915), California (7,759) and Nevada (7,447).

In addition to concerns about the fiscal and biological impacts, the use of helicopters and small planes to fly low enough for contracted sharp shooters to pick off the coyotes has resulted in plane crashes killing 10 and injuring 28 from 1979-2007, the report said.

Aides to Vilsack referred questions about the program to USDA’s Animal, Plant, Health Inspection Service, which oversees Wildlife Services.

USDA spokeswoman Carol Bannerman said Vilsack intends to review all of USDA’s programs but that it would be weeks before he had any idea about possible changes he wants to make.

Bannerman said the federal agency only kills predators when livestock owners or state officials request their assistance. She said most of the time those private individuals or state agencies provide about half the funding for the effort.

“From our perspective, we certainly feel that we have a responsibility to respond to those requests,” she said from APHIS headquarters in Riverdale, Md.

Bannerman said the agency is required to review each individual project under the regulations of the National Environmental Policy Act “and move ahead only if there would be no long-term negative impact on the environment.”

“With that mandate … we can give people an outlet to deal with a problem that if they took into their own hands could have longer-term negative impacts,” she said.

The agricultural commodities’ groups said in their letter to Vilsack about a month ago that livestock losses to predation cost producers more than $125 million a year.

“Without non-lethal and lethal predator control by Wildlife Services, these numbers could easily double or even triple,” said Skye Krebs, an Oregon rancher and president of the Public Lands Council, which spearheaded the letter along with the National Cattlemen’s Beef Association.

“The agency provides a means for striking a balance in the wildlife-livestock interface, including limiting the spread of disease from wildlife,” Krebs said.


On the Net:

WildEarth Guardians:

USDA Wildlife Services:

National Cattlemen’s Beef Association:


… To the shores of Somalia

November 18, 2008

Has the time come for a change in the Marine Corps Hymn? Piracy on the high seas has always been a problem. But, in recent history it was more like a gnat on a cows butt. Just not that big of a problem.

Enter those capitalistic souls in the beleaguered nation state called Somalia. Reputedly having ties to various terrorist organizations, as well as those that are just looking to make a few dollars the Somali pirates are morphing into international prominence.

Has the time come to send in the Marines? With some pretty lax, by normal standards, rules of engagement? Heck, Barack Obama could establish a legacy right off the bat that would put him squarely in the same sort of caliber as Thomas Jefferson. Not to mention save the economy of several nations. I certainly do not see George Bush as having the stones, to use a Brit phrase, to get this much needed task accomplished.

In the mean time piracy on the high seas has become a lucrative profession. Read about this up and coming lucrative profession here.

Gold Rush! Cash in while you can!

November 14, 2008

The continuing debate over the current financial crisis aside the dash for the latest government gold rush appears to be in full swing. Government policy started the crisis, not the so-called free market. Now, the government seeks to make matters worse while appearing to make life better. At least for those that have the ability to contribute the millions that it takes to stay in elected office.

When governments attempt to “fix” economies by meddling with the free markets that power them, these would-be market-driven economies become political footballs. Economic decisions that would have been fairly and justly arbitrated by unbiased, natural laws of economics become decided on purely political grounds. Markets lose stability in direct proportion to the extent of such meddling. This is certainly the case with the government “fix” known as TARP, or Troubled Asset Relief Program. The bailout package was originally crafted to relieve banks so that they would remain solvent, preventing further meltdown of the U.S. economy. But with $700 billion up for grabs, TARP’s original purpose was thrown under the bus in the gold rush that ensued. Now everyone wants in on the government’s largess, and markets have reacted accordingly. And why not? Why shouldn’t we all line up to “get ours” if the government is giving away “free” money? Sadly, this seems to be the new American corporate mindset.

Insurance giant AIG, for instance, is now slated to receive more than $150 billion in the largest single bailout allotment from TARP thus far. The government effectively nationalized AIG in the process, establishing a $40 billion stake in the world’s largest insurer. Eager to get in on the TARP lottery, American Express — that’s right, the credit card company — is apparently also now a “bank,” having been so blessed by the Federal Reserve. Evidently unaware of AMEX’s subtle approach, one draping the hat-in-hand recipient in “bank-like” trappings, U.S. automakers are pursuing more blunt-instrument strategies. Their game plan? Simply demand funds from Washington on the basis that, well, they need the cash, and everyone else seems to be getting an awful lot of it lately. Perfect.

The government has committed $290 billion so far without any oversight because Congress has yet to fill the positions it created. Somewhere in all of this thrash for cash is a lesson about the proper role of government in a free market economy. We just hope that this lesson hits home before The Great Depression, Part II does.

source: Patriot Post

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